Choose FXGT if you want…
Crypto-and-FX traders wanting a low-entry hybrid broker with high leverage and a wide digital-asset range.
FXGT
⭐ 3.6 / 5
VS
HYCM
⭐ 4.3 / 5
FXGT vs HYCM — which broker is better in 2026?
We compared FXGT and HYCM across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. The two brokers are evenly matched — your final choice depends on your specific trading style.
| FXGT | HYCM | Winner | |
|---|---|---|---|
| Rating | ⭐ 3.6 / 5 | ⭐ 4.3 / 5 | HYCM |
| Regulators | CySEC, FSCA (South Africa), FSC Mauritius, VFSC Vanuatu | FCA, CySEC, DFSA, CIMA Cayman | Tie |
| Min. deposit | $5 | $100 | FXGT |
| Spreads from | 0.0 pips (ECN) | 0.2 pips (Raw) / 1.2 pips (Classic) | FXGT |
| Max. leverage | 1:1000 | Up to 1:30 (EU retail) / 1:500 (offshore) | — |
| Platforms | MT4, MT5 | MT4, MT5, HYCM Trader | HYCM |
| Founded | 2019 | 1977 | — |
| HQ | Limassol, Cyprus | London, UK / Limassol, Cyprus | — |
Pros & cons compared
FXGT pros
- ✓ Hybrid broker covering both crypto and traditional FX/CFDs
- ✓ Ultra-low $5 entry on the Mini account
- ✓ High offshore leverage up to 1:1000
- ✓ 30+ cryptocurrencies tradable alongside forex, metals and indices
Cons
- ✗ Younger brand, operating only since 2019
- ✗ Crypto-heavy marketing may not suit conservative FX traders
- ✗ Top-tier leverage comes from offshore entities with less recourse
HYCM pros
- ✓ Founded 1977 — among the oldest retail FX brokers globally
- ✓ FCA + CySEC + DFSA + CIMA tier-1 + tier-2 regulation
- ✓ Part of Henyep Group — diversified $1bn+ financial conglomerate
- ✓ Strong MENA + EU presence with Arabic support
- ✓ Raw account: 0.2 pips + $4/lot round-turn
Cons
- ✗ Smaller scale than Exness / XM / Pepperstone
- ✗ Classic account spreads (1.2+ pips) wider than ECN brokers
- ✗ Limited cTrader option — MT4/MT5 only
Which one should you choose?
Choose HYCM if you want…
MENA + EU traders wanting an established multi-jurisdictional broker with Henyep Group balance-sheet backing.
Frequently asked questions
Which is better — FXGT or HYCM?
FXGT and HYCM are evenly matched on most measurable criteria. Your choice should depend on which specific features matter most — review the comparison table above and the "Pros & Cons" section.
Is FXGT more regulated than HYCM?
FXGT holds licenses from: CySEC, FSCA (South Africa), FSC Mauritius, VFSC Vanuatu. HYCM holds licenses from: FCA, CySEC, DFSA, CIMA Cayman. Both brokers have the same number of regulatory licenses; the specific regulators differ.
What are the spreads at FXGT vs HYCM?
FXGT spreads start from 0.0 pips (ECN). HYCM spreads start from 0.2 pips (Raw) / 1.2 pips (Classic). Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, FXGT or HYCM?
FXGT: $5. HYCM: $100. FXGT has the lower entry barrier.
